General Instrument Corp. (Chicago, IL) announced the formation of an IP networking business unit to

General Instrument Corp. (Chicago, IL) announced the formation of an IP networking business unit to consolidate GI`s products for IP data and telephony over hybrid fiber/coaxial-cable networks. The business unit hopes to leverage the company`s existing high-speed data/Internet, distance learning, and video service businesses to offer cost-effective delivery of telephony and advanced services to the home.